Replies to post #66292 on Quantum Materials Corp. (fka QTMM)

[Solar_Express]

Thanks Ted I thought the math was off.

[Kurt_Banoffee]

Ted, the amounts and conversion rates are straight off pages F16-F26. The big driver of the 127.7M is found in Debenture Reference C which notes a reset of the conversion rate down to $0.012 on those debentures. Those two make up 106.3M of the 127.7M

Converts, Outstanding, Conversion Rate, Shares on Conversion, Debenture Reference
Convertible debentures issued in September 2014 25,050 0.15 167,000 A
Convertible debentures issued in January 2015 500,000 0.06 8,333,333 B
Convertible debentures issued in April - June 2016 1,075,000 0.012 89,583,333 C
Convertible debenture issued in August 2016 200,000 0.012 16,666,667 C
Convertible debentures issued in January - March 2017 60,000 0.12 500,000 D
Convertible debenture issued in June 2017 100,000 0.12 833,333 I
Convertible debenture issued in July 2017 100,000 0.12 833,333 J
Convertible debenture issued in September 2017 645,000 0.12 5,375,000 K
Convertible debenture issued in November 2017 247,500 0.12 2,062,500 K
Convertible debenture issued in November 2017 27,000 0.12 225,000 L
Convertible debenture issued in December 2017 75,000 0.12 625,000 N
Convertible debenture issued in February 2018 45,000 0.12 375,000 O
Convertible debentures issued in March 2018 65,000 0.12 541,667 P
Convertible debentures issued in April 2018 60,000 0.12 500,000 Q
Convertible debentures issued in April 2018 70,000 0.12 583,333 R
Convertible debentures issued in April 2018 20,000 0.12 166,667 S
Convertible debentures issued in June 2018 40,000 0.12 333,333 T